Synaptics Inc. (NASDAQ:SYNA)’s share price dropped 1.5% on Monday . The stock traded as low as $48.63 and last traded at $48.63, with a volume of 391,515 shares trading hands. The stock had previously closed at $49.39.

SYNA has been the topic of a number of recent research reports. Mizuho lowered their price target on shares of Synaptics from $75.00 to $68.00 and set a “neutral” rating on the stock in a research report on Thursday, June 16th. Zacks Investment Research raised shares of Synaptics from a “strong sell” rating to a “hold” rating and set a $59.00 price target on the stock in a research report on Wednesday, June 29th. Pacific Crest reaffirmed a “hold” rating and set a $75.00 price target on shares of Synaptics in a research report on Thursday, April 14th. Lake Street Capital lowered shares of Synaptics from a “buy” rating to a “hold” rating and lowered their price target for the stock from $74.00 to $57.00 in a research report on Wednesday, July 6th. Finally, Cross Research lowered shares of Synaptics from a “buy” rating to a “hold” rating in a research report on Friday, April 15th. Ten equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Synaptics currently has an average rating of “Hold” and an average target price of $80.38.

The company has a 50 day moving average of $58.78 and a 200-day moving average of $71.45. The firm has a market cap of $1.78 billion and a price-to-earnings ratio of 16.74.

Synaptics (NASDAQ:SYNA) last released its quarterly earnings data on Thursday, April 28th. The company reported $1.21 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.51 by $0.30. During the same quarter in the previous year, the business posted $1.65 earnings per share. The business had revenue of $402.50 million for the quarter, compared to analyst estimates of $450.69 million. The firm’s revenue was down 15.7% on a year-over-year basis. Analysts predict that Synaptics Inc. will post $4.77 earnings per share for the current year.

In other Synaptics news, CEO Rick Bergman sold 10,000 shares of the company’s stock in a transaction dated Wednesday, June 1st. The shares were sold at an average price of $67.11, for a total transaction of $671,100.00. Following the sale, the chief executive officer now directly owns 82,491 shares of the company’s stock, valued at $5,535,971.01. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Other large investors recently made changes to their positions in the company. Russell Frank Co boosted its stake in shares of Synaptics by 11.0% in the fourth quarter. Russell Frank Co now owns 130,319 shares of the company’s stock valued at $10,600,000 after buying an additional 12,917 shares in the last quarter. Retirement Systems of Alabama boosted its stake in shares of Synaptics by 0.8% in the fourth quarter. Retirement Systems of Alabama now owns 46,555 shares of the company’s stock valued at $3,740,000 after buying an additional 354 shares in the last quarter. California State Teachers Retirement System boosted its stake in shares of Synaptics by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 68,211 shares of the company’s stock valued at $5,480,000 after buying an additional 1,042 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of Synaptics by 103.3% in the fourth quarter. First Trust Advisors LP now owns 82,540 shares of the company’s stock valued at $6,631,000 after buying an additional 41,940 shares in the last quarter. Finally, Rhumbline Advisers boosted its stake in shares of Synaptics by 2.8% in the fourth quarter. Rhumbline Advisers now owns 71,651 shares of the company’s stock valued at $5,756,000 after buying an additional 1,970 shares in the last quarter.

Synaptics Incorporated developer and supplier of custom-designed human interface solutions that enable people to interact more easily and intuitively with a wide variety of mobile computing, communications, entertainment, and other electronic devices. The portfolio includes Display Driver ICs (DDICs) which drive high-performance displays for smartphones and tablets.

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